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DJ Positive Healthcare Plc 28 February 2018 Coupon Payment

 
TIDMDOC 
 
POSITIVE HEALTHCARE PLC 
                   ("Positive Healthcare" or the "Company") 
 
                        28 February 2018 Coupon Payment 
 
On 27 February 2018, Positive Healthcare transferred GBP40,425.98 (the "Funds") 
to Beaufort Asset Clearing Services Limited ("BACSL") as trustee of the GBP 
1,330,675 nominal of 7% Secured Bonds due 2021 issued by the Company (the 
"Bonds"). The Funds comprised the interest payment on the Bonds, due to be made 
on 28 February 2018. 
 
On 2 March 2018, Beaufort Securities Limited ("BSL") and BACSL were placed into 
insolvency and the Financial Conduct Authority imposed requirements on BSL and 
BACSL to cease all regulatory activity. PriceWaterhouseCoopers ("PWC") have 
been appointed as joint administrators of BSL and joint special administrators 
of BACSL. 
 
The Company has been informed by BASCL that the Funds have been paid into the 
accounts of entitled Bond holders at BSL and that Bond holders will be able to 
access these funds when permitted to do so by PWC. The Company, however is 
unable to estimate when such permission will be forthcoming. 
 
The Company will appoint a new trustee for the Bonds as soon as possible and 
will otherwise update Bond holders as soon as they are in a position to do so. 
 
The Directors of Positive Healthcare accept responsibility for this 
announcement. 
 
For further information, please contact: 
 
Positive Healthcare plc 
Chris Ledbury - CEO 
www.positiveplc.co.uk. 
Tel: +44 (0) 203 587 7566 
Email: chris@positivementalhealth.co.uk 
 
Peterhouse Corporate Finance Limited 
Fungai Ndoro and Mark Anwyl 
Tel: +44 (0) 20 7469 0930 
 
Market Abuse Regulation (MAR) Disclosure 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulation 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END 
 

(END) Dow Jones Newswires

March 05, 2018 06:59 ET (11:59 GMT)